Question: Quantitative Analysis helps a PM understand the gravity and intensity of risks in a logical and rational manner rather than just poking in the dark.

Quantitative Analysis helps a PM understand the gravity and intensity of risks in a logical and rational manner rather than just poking in the dark. The Team wants to calculate the known risks from the register in a deeper way so that they can deal with the risks when they appear. The Risk owner can use all except the following as one of the techniques to fathom risks:

A. Tornado Diagram- Sensitivity Analysis B. EMV- Decision Tree Analysis C. Influence Diagram Analysis D. Probability and Impact Assessment Matrix

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Management Accounting Questions!